Depreciation on machinery for the year is computed to be $14,000. Prepaid Insurance had a $8,000 debit balance at December 31 before adjusting for expired coverage. A review of insurance policies showed that $1,870 of unexpired insurance coverage remains. Supplies had a $580 debit balance at the beginning of the year, and $2,680 of supplies were purchased during the year. The December 31 physical count showed $684 of supplies available. Twenty five percent of the consulting work related to $13,000 of cash received in advance was performed this period.Prepaid Rent had a $4,800 debit balance at December 31 before adjusting for expired prepaid rent. A review of the rental agreement showed that $2,930 of prepaid rent had expired.Utilities expense of $2,000 has been incurred but not paid as of December 31.

Prepare adjusting journal entries for the year ended December 31 for each separate situation.